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	<title>Comments on: Close Encounter with an Investor</title>
	<atom:link href="http://prometheusfusionperfection.com/2010/03/08/close-encounter-with-an-investor/feed/" rel="self" type="application/rss+xml" />
	<link>http://prometheusfusionperfection.com/2010/03/08/close-encounter-with-an-investor/</link>
	<description>Developing Clean, Cheap, Open Source Energy with the Bussard Reactor.</description>
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	<item>
		<title>By: P Deshayes</title>
		<link>http://prometheusfusionperfection.com/2010/03/08/close-encounter-with-an-investor/#comment-1190</link>
		<dc:creator><![CDATA[P Deshayes]]></dc:creator>
		<pubDate>Mon, 05 Jul 2010 18:45:54 +0000</pubDate>
		<guid isPermaLink="false">http://prometheusfusionperfection.com/?p=2011#comment-1190</guid>
		<description><![CDATA[Hi Mark.

Just saw your story on CNN and you just made me really happy, Its entrepreneurs like you that makes the world keep on going. I as myself is trying to get a really good wave project running here is the US with proven numbers and new patent with an output that is more then 40 over the closest wind or solar and still have hard time to get real investors to the project can definately see your uphill. But please keep on going and do not give up.I will also forward your website to some investors that might can help you with something.
Best
P Deshayes]]></description>
		<content:encoded><![CDATA[<p>Hi Mark.</p>
<p>Just saw your story on CNN and you just made me really happy, Its entrepreneurs like you that makes the world keep on going. I as myself is trying to get a really good wave project running here is the US with proven numbers and new patent with an output that is more then 40 over the closest wind or solar and still have hard time to get real investors to the project can definately see your uphill. But please keep on going and do not give up.I will also forward your website to some investors that might can help you with something.<br />
Best<br />
P Deshayes</p>
]]></content:encoded>
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	<item>
		<title>By: FAMULUS</title>
		<link>http://prometheusfusionperfection.com/2010/03/08/close-encounter-with-an-investor/#comment-1124</link>
		<dc:creator><![CDATA[FAMULUS]]></dc:creator>
		<pubDate>Mon, 14 Jun 2010 23:47:15 +0000</pubDate>
		<guid isPermaLink="false">http://prometheusfusionperfection.com/?p=2011#comment-1124</guid>
		<description><![CDATA[Q: Why are you more deserving of a large amount of funding than Emc2?
A: I publish my results. 

I basically agree with you. 

My current focus is very much on small scale short term goals, like replicating the Sydney Experiment:
http://prometheusfusionperfection.com/2009/12/25/new-copper-coil-polywell-on-the-scene/

What I need today is between $100K and $1M so that I can work on this full-time. I currently work 50 hours a week to finance all this.

But if an investor asks what it will ultimately take to reach profitability.... $400MM and 6 years AT BEST. At the very least this gives a potential investor a sense of the scale required.]]></description>
		<content:encoded><![CDATA[<p>Q: Why are you more deserving of a large amount of funding than Emc2?<br />
A: I publish my results. </p>
<p>I basically agree with you. </p>
<p>My current focus is very much on small scale short term goals, like replicating the Sydney Experiment:<br />
<a href="http://prometheusfusionperfection.com/2009/12/25/new-copper-coil-polywell-on-the-scene/" rel="nofollow">http://prometheusfusionperfection.com/2009/12/25/new-copper-coil-polywell-on-the-scene/</a></p>
<p>What I need today is between $100K and $1M so that I can work on this full-time. I currently work 50 hours a week to finance all this.</p>
<p>But if an investor asks what it will ultimately take to reach profitability&#8230;. $400MM and 6 years AT BEST. At the very least this gives a potential investor a sense of the scale required.</p>
]]></content:encoded>
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	<item>
		<title>By: Pat</title>
		<link>http://prometheusfusionperfection.com/2010/03/08/close-encounter-with-an-investor/#comment-1123</link>
		<dc:creator><![CDATA[Pat]]></dc:creator>
		<pubDate>Mon, 14 Jun 2010 23:32:29 +0000</pubDate>
		<guid isPermaLink="false">http://prometheusfusionperfection.com/?p=2011#comment-1123</guid>
		<description><![CDATA[I certainly like the idea, however I think that open source paradigm isn&#039;t quite as workable when it comes to science and research. Unfortunately contributing isn&#039;t as simple as firing up your favourite text editor.

Ideas are plentiful, but it&#039;s the legwork and subsequent results that will get us there in the end. &quot;The devil is in the details&quot;, so to speak.

P-B11 is incredibly ambitious. I don&#039;t know the current state of emc2&#039;s research, but I&#039;m guessing they&#039;ve been sticking to DD or DT so far.

I guess I should rephrase. Why are you more deserving of a large amount of funding than Emc2? I am not sure whether they are looking to get in bed with investors, but they certainly would take any donations they could get.

I think that the promise of profits and the end of reliance on fossil fuels is still very much in the pipedream stage. Engaging investors under this premise seems counter productive. I think you are better off looking for small amounts of philanthropic funding to pursue bite sized goals in the near term.

For example, a good place to start could be the verification of some of the claimed scaling laws, or the design and testing of this venetian blind energy capture method. By gaining momentum this way, with demonstratable results, you are more likely to attract interest and larger sums of money.]]></description>
		<content:encoded><![CDATA[<p>I certainly like the idea, however I think that open source paradigm isn&#8217;t quite as workable when it comes to science and research. Unfortunately contributing isn&#8217;t as simple as firing up your favourite text editor.</p>
<p>Ideas are plentiful, but it&#8217;s the legwork and subsequent results that will get us there in the end. &#8220;The devil is in the details&#8221;, so to speak.</p>
<p>P-B11 is incredibly ambitious. I don&#8217;t know the current state of emc2&#8242;s research, but I&#8217;m guessing they&#8217;ve been sticking to DD or DT so far.</p>
<p>I guess I should rephrase. Why are you more deserving of a large amount of funding than Emc2? I am not sure whether they are looking to get in bed with investors, but they certainly would take any donations they could get.</p>
<p>I think that the promise of profits and the end of reliance on fossil fuels is still very much in the pipedream stage. Engaging investors under this premise seems counter productive. I think you are better off looking for small amounts of philanthropic funding to pursue bite sized goals in the near term.</p>
<p>For example, a good place to start could be the verification of some of the claimed scaling laws, or the design and testing of this venetian blind energy capture method. By gaining momentum this way, with demonstratable results, you are more likely to attract interest and larger sums of money.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: FAMULUS</title>
		<link>http://prometheusfusionperfection.com/2010/03/08/close-encounter-with-an-investor/#comment-1122</link>
		<dc:creator><![CDATA[FAMULUS]]></dc:creator>
		<pubDate>Mon, 14 Jun 2010 18:19:41 +0000</pubDate>
		<guid isPermaLink="false">http://prometheusfusionperfection.com/?p=2011#comment-1122</guid>
		<description><![CDATA[Hey Pat,

I would take it one step further and argue that attempting break-even fusion on ANY timescale is unreasonably ambitious.

This project is unreasonably ambitious. That&#039;s what makes it exciting and worth following.

I&#039;m not trying to &quot;beat&quot; EMC2... I&#039;m trying to participate in something potentially world changing. 

Being open source is my leverage. I have at my disposal every smart/resourceful/wealthy person who forms an emotional connection with this project. That power has put Linux on servers all over the world and Obama in office.]]></description>
		<content:encoded><![CDATA[<p>Hey Pat,</p>
<p>I would take it one step further and argue that attempting break-even fusion on ANY timescale is unreasonably ambitious.</p>
<p>This project is unreasonably ambitious. That&#8217;s what makes it exciting and worth following.</p>
<p>I&#8217;m not trying to &#8220;beat&#8221; EMC2&#8230; I&#8217;m trying to participate in something potentially world changing. </p>
<p>Being open source is my leverage. I have at my disposal every smart/resourceful/wealthy person who forms an emotional connection with this project. That power has put Linux on servers all over the world and Obama in office.</p>
]]></content:encoded>
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	<item>
		<title>By: Pat</title>
		<link>http://prometheusfusionperfection.com/2010/03/08/close-encounter-with-an-investor/#comment-1121</link>
		<dc:creator><![CDATA[Pat]]></dc:creator>
		<pubDate>Mon, 14 Jun 2010 15:40:15 +0000</pubDate>
		<guid isPermaLink="false">http://prometheusfusionperfection.com/?p=2011#comment-1121</guid>
		<description><![CDATA[Whilst I find your project endearing and I wish you the best of luck, I really think you are overreaching by engaging investors with such ambitious goals. 

I think the timeline you have presented this prospective investor is incredibly unrealistic. The logistics alone involved in the hiring of staff, design, purchasing and construction of a multi million dollar project would take far longer than you are proposing, let alone the fact that there are no certainties in research. 

Writing things out on paper is very different to actually creating a tenable timeline, which is again different to actually executing it, as most project managers will attest to. I feel that you have over-trivialised the staggering amount of work that needs to be done to achieve commercialised (read: profitable) power production.

Why do you believe that you can beat Emc2 to breakeven based on a small amount of information they&#039;ve chosen to release on the polywell and an hour long talk to the public by Bussard which is now slightly dated?

Once again, I admire your efforts and encourage you to continue pursuing your research, but I think you need to set more manageable short term goals to probe the underlying physics, and let the big picture stuff evolve over time.]]></description>
		<content:encoded><![CDATA[<p>Whilst I find your project endearing and I wish you the best of luck, I really think you are overreaching by engaging investors with such ambitious goals. </p>
<p>I think the timeline you have presented this prospective investor is incredibly unrealistic. The logistics alone involved in the hiring of staff, design, purchasing and construction of a multi million dollar project would take far longer than you are proposing, let alone the fact that there are no certainties in research. </p>
<p>Writing things out on paper is very different to actually creating a tenable timeline, which is again different to actually executing it, as most project managers will attest to. I feel that you have over-trivialised the staggering amount of work that needs to be done to achieve commercialised (read: profitable) power production.</p>
<p>Why do you believe that you can beat Emc2 to breakeven based on a small amount of information they&#8217;ve chosen to release on the polywell and an hour long talk to the public by Bussard which is now slightly dated?</p>
<p>Once again, I admire your efforts and encourage you to continue pursuing your research, but I think you need to set more manageable short term goals to probe the underlying physics, and let the big picture stuff evolve over time.</p>
]]></content:encoded>
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	<item>
		<title>By: Willem</title>
		<link>http://prometheusfusionperfection.com/2010/03/08/close-encounter-with-an-investor/#comment-897</link>
		<dc:creator><![CDATA[Willem]]></dc:creator>
		<pubDate>Wed, 24 Mar 2010 20:52:45 +0000</pubDate>
		<guid isPermaLink="false">http://prometheusfusionperfection.com/?p=2011#comment-897</guid>
		<description><![CDATA[Donate a bit, &quot;1000 $ should be small change for an “investor” with millions in an investment fund&quot;. 

I do not have an investment fund of millions and I certainly don&#039;t know investors who think $1000 is a small change. 

Mark&#039;s idea is ambitious and we hope he can get it to the next level on his own. We will meet each other again soon for follow up. 

If the interest is only commercial we wouldn&#039;t have met in NYC the first place. It will take a while before we understand exactly what this will lead to.]]></description>
		<content:encoded><![CDATA[<p>Donate a bit, &#8220;1000 $ should be small change for an “investor” with millions in an investment fund&#8221;. </p>
<p>I do not have an investment fund of millions and I certainly don&#8217;t know investors who think $1000 is a small change. </p>
<p>Mark&#8217;s idea is ambitious and we hope he can get it to the next level on his own. We will meet each other again soon for follow up. </p>
<p>If the interest is only commercial we wouldn&#8217;t have met in NYC the first place. It will take a while before we understand exactly what this will lead to.</p>
]]></content:encoded>
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	<item>
		<title>By: M. Simon</title>
		<link>http://prometheusfusionperfection.com/2010/03/08/close-encounter-with-an-investor/#comment-871</link>
		<dc:creator><![CDATA[M. Simon]]></dc:creator>
		<pubDate>Fri, 12 Mar 2010 16:35:18 +0000</pubDate>
		<guid isPermaLink="false">http://prometheusfusionperfection.com/?p=2011#comment-871</guid>
		<description><![CDATA[VCs Investing In Fusion:

http://finance2business.com/finance-articles/fusion-power-in-the-next-five-years/]]></description>
		<content:encoded><![CDATA[<p>VCs Investing In Fusion:</p>
<p><a href="http://finance2business.com/finance-articles/fusion-power-in-the-next-five-years/" rel="nofollow">http://finance2business.com/finance-articles/fusion-power-in-the-next-five-years/</a></p>
]]></content:encoded>
	</item>
	<item>
		<title>By: M. Simon</title>
		<link>http://prometheusfusionperfection.com/2010/03/08/close-encounter-with-an-investor/#comment-863</link>
		<dc:creator><![CDATA[M. Simon]]></dc:creator>
		<pubDate>Wed, 10 Mar 2010 13:03:46 +0000</pubDate>
		<guid isPermaLink="false">http://prometheusfusionperfection.com/?p=2011#comment-863</guid>
		<description><![CDATA[Oh. Yeah.

Dr. Mike is how he is known in the Polywell community.]]></description>
		<content:encoded><![CDATA[<p>Oh. Yeah.</p>
<p>Dr. Mike is how he is known in the Polywell community.</p>
]]></content:encoded>
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	<item>
		<title>By: M. Simon</title>
		<link>http://prometheusfusionperfection.com/2010/03/08/close-encounter-with-an-investor/#comment-862</link>
		<dc:creator><![CDATA[M. Simon]]></dc:creator>
		<pubDate>Wed, 10 Mar 2010 13:01:28 +0000</pubDate>
		<guid isPermaLink="false">http://prometheusfusionperfection.com/?p=2011#comment-862</guid>
		<description><![CDATA[I posted here on your encounter with an investor:

http://iecfusiontech.blogspot.com/2010/03/investing-in-polywell.html

I would have done it sooner but my computer died. I&#039;ll also post at my other usual spots.]]></description>
		<content:encoded><![CDATA[<p>I posted here on your encounter with an investor:</p>
<p><a href="http://iecfusiontech.blogspot.com/2010/03/investing-in-polywell.html" rel="nofollow">http://iecfusiontech.blogspot.com/2010/03/investing-in-polywell.html</a></p>
<p>I would have done it sooner but my computer died. I&#8217;ll also post at my other usual spots.</p>
]]></content:encoded>
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	<item>
		<title>By: Heiner Wolf</title>
		<link>http://prometheusfusionperfection.com/2010/03/08/close-encounter-with-an-investor/#comment-850</link>
		<dc:creator><![CDATA[Heiner Wolf]]></dc:creator>
		<pubDate>Mon, 08 Mar 2010 23:20:43 +0000</pubDate>
		<guid isPermaLink="false">http://prometheusfusionperfection.com/?p=2011#comment-850</guid>
		<description><![CDATA[If an &quot;investor&quot; sees potential, investigates, but stops because the stage is too risky, then I do not understand why he does not at least donate a bit. 1000 $ should be small change for an &quot;investor&quot; with millions in an investment fund. I&#039;d fund your current project, just to see where it goes. Bailing out after this conversation indicates pure commercial interest. That&#039;s ok for a later commercial phase, but currently this project needs more dedication. 

Caution, if they do not believe in the cause, only the profit. The book says, money is enough. You work, they give the money. But when the going gets tough (and it happens in every startup), these diverging interests may break you. In other words: investors demand that you not just work, but also know the financials. So, you have every right to expect not just money, but also a little bit belief in the cause.]]></description>
		<content:encoded><![CDATA[<p>If an &#8220;investor&#8221; sees potential, investigates, but stops because the stage is too risky, then I do not understand why he does not at least donate a bit. 1000 $ should be small change for an &#8220;investor&#8221; with millions in an investment fund. I&#8217;d fund your current project, just to see where it goes. Bailing out after this conversation indicates pure commercial interest. That&#8217;s ok for a later commercial phase, but currently this project needs more dedication. </p>
<p>Caution, if they do not believe in the cause, only the profit. The book says, money is enough. You work, they give the money. But when the going gets tough (and it happens in every startup), these diverging interests may break you. In other words: investors demand that you not just work, but also know the financials. So, you have every right to expect not just money, but also a little bit belief in the cause.</p>
]]></content:encoded>
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